Question

Refer to the figure at right. Medicare subsidies have increased the price of medical services to Ps. Which of the following s

which one is it i will rate please :)

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Answer #1

Solution -

Option B. the amount of medical services provided has decreased from Q0 to Qd as a result of the subsidy. is Correct Option

Reason -

Subsidy always below the equilibrium Point so subsidy decrease the price and increases demand here in this case Quantity decreases from Qo to Qd so Option B is Correct Option

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which one is it i will rate please :) Refer to the figure at right. Medicare...
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